PS3 Slim and Price Cut Confirmed!

All of the rumors that have been floating around were true. At Sony’s Press Conference at the GamesCom Convention today, Kaz Harai officially announced that PS3 Slim will be available on September 1st worldwide. “The PS3 Slim is 32 percent smaller, 36 percent lighter, and has 34 percent less power consumption than the current model.” It will come with a 120 GB hard drive and will have a retail price of $299 in North America, 299 Euros in Europe, and 29, 980 Yen in Japan. The current 80 GB PS3 will be discounted to $299 starting tomorrow.